Lake Conroe, Montgomery County and Conroe real estate and homes for sale in Texas, waterfront, golf course properties - The Scheib Team, REALTOR® The Scheib Team REALTOR(r) for Lake Conroe, Montgomery County and Conroe, Texas real estate, waterfront, golf course properties - NUMBER1EXPERT™ The Scheib Team NUMBER1EXPERT(tm) for Lake Conroe, Montgomery County and Conroe, Texas real estate, waterfront, golf course properties
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The Scheib Team, REALTORŪ, real estate agent and broker for Lake Conroe, Montgomery County and Conroe Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

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Find out why we are the top real estate team in Montgomery County! Call us: 936-537-0189 to speak with Nick or 936-537-6467 to speak with Theresa.


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Meet Our Team: Lake Conroe, Montgomery County and Conroe Texas home buying, real estate listings, and homes for sale in Montgomery County, TX
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Meet The Scheib Team  

"The Scheib Team" Nick and Theresa Scheib

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Real Estate Tips
Making An Offer >Keeping Your Earnest Money Safe

When you make an offer on a house, it is accompanied by an earnest money check. Earnest money is intended to demonstrate that you are "in earnest" about purchasing the property. The earnest money check is made out to the listing company. What happens to this check?

The party holding the check acts as an escrow agent until you go into closing. At that time you will receive credit for the amount of your check against the down payment and closing costs. Real estate brokers are required by law to keep escrow funds in a special account. These funds cannot be used to pay any other expenses associated with the sale. If you don't complete the transaction, the purchase contract determines the disposition of your earnest money funds. Be sure to review this part of your contract with the real estate agent.

If you are in default on your agreement, the funds may go to the sellers, so be sure that you understand the deadlines in order to avoid breach of contract and forfeiture of your deposit. If you have any questions, be sure to ask your real estate agent for advice.

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Real Estate Trivia
Q 
What does "contingency" mean in real estate?

A 
A contingency is a specified event that must take place before a home purchase contract is binding; for example, a sale can be said to be "contingent upon the sale of the buyer's current residence."
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The Scheib Team, REALTORŪ, real estate agent and broker for Lake Conroe, Montgomery County and Conroe Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Nick and Theresa Scheib
The Scheib Team

RE/MAX PREFERRED GROUP
18001 Hwy.105 W. #100
Montgomery, TX. 77356
Theresa Cell: 936-537-6467
Nick Cell: 936-537-0189
Office: 936-448-6700
Fax: 936-582-6777
Melissa-Office Assistant: 936-582-6125
nickandtheresa@NUMBER1EXPERT.com
theresas@remax.net

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